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Justice Corporaton reported these fogares: [II (Cick the icon to view the balarce sheet) (Cick the icon to view the income stafement.) Justice Coppoeation has

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Justice Corporaton reported these fogares: [II (Cick the icon to view the balarce sheet) (Cick the icon to view the income stafement.) Justice Coppoeation has 3,000,000 shares of common stock outstanding. Its stock has traded recently at 528.00 per share. You would tke to gain a better understandiev of dustice Corporatioris financial position. Assume al sales are on credi. Read the reguirement. a. Inventory tumover Enter the formula on the frst ine, then calculate the imventory turnover on the next lne. (Enter anounts in thousands as plovided to you in tre problem statement. Round your ansaer to one docmal place.) =inventorytumover= Balance sheet Corporation reported these figy ick the icon to view the balance Income statement per share. You would like to Corporation has 3,000,000 sha he requirement. the formula on the first line, then ands as provided to you in th d these figures: the balance sheet.) EA (Click the icon to view the income statement.) 000,000 shares of common stock outstanding. Its stock has traded recently at $28.90 per share. You all sales are on credit. Requirement Calculate the following ratios for 2020 and interpret the results: a. Inventory turnover b. Days' sales in receivables c. Acid-test ratio d. Times-interest-earned e. Gross profit percentage f. Operating income percentage g. Return on stockholders' equity h. Earnings per share i. Price/earnings ratio

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